Classic Car Club of America Museum Inc

Analysis

Classic Car Club of America Museum Inc is a registered charity in United States, based in Hickory CRNRS, MI. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Classic Car Club of America Museum Inc reported income of $379k and spending of $457k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $379k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 447%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Classic Car Club of America Museum Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Wonder Seed Foundation ($379k), Lotus Fine Arts Productions Inc ($379k) and Ieom Society International ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $56k (12% of expenses). At year end it held assets of $11.3m against liabilities of $1.0m, net assets of $10.3m. It reported 1 employees.